Big Gains to Government

The Government has made huge gains in some of the recent PSU IPOs.

COMPANY IPO MONTH POST IPO GOVT. HOLDING (%) POST IPO GOVT. HOLDING (No. of Shares in crores) OFFER PRICE (Rs.) VALUE OF GOVT. HOLDING ON ISSUE DATE (Rs. crore) MARKET PRICE AS ON 24-MAY-2019 (Rs.) VALUE OF GOVT. HOLDING AS ON 24-MAY-2019 (Rs. crore) GAIN/ LOSS
(Rs. crore)
% GAIN/ LOSS
NTPC LTD.OCT-200489.50737.9662.0045753.73129.2095344.8849591.15108.39
POWER FINANCE CORP.LTD.JAN-200789.78103.0585.008758.83115.3011881.093122.2635.65
POWER GRID CORP.OF INDIA LTD.SEP-200786.36363.4952.0018901.49185.6567482.0748580.58257.02
REC LTD.FEB-200881.8270.25105.007376.67144.5010151.702775.0337.62
NHPC LTD.AUG-200986.361062.3436.0038244.1323.0524486.86-13757.27-35.97
OIL INDIA LTD.SEP-200978.4318.861050.0019802.95183.953469.29-16333.66-82.48
SJVN LTD.APR-201089.97372.1626.009676.2324.158987.73-688.50-7.12
COAL INDIA LTD.OCT-201089.99568.47245.00139275.89244.60139048.43-227.46-0.16
MOIL LTD.NOV-201080.0013.44375.005040.00158.152125.54-2914.46-57.83
PUNJAB & SIND BANKDEC-201082.0718.31120.002196.6729.70543.68-1652.99-75.25
NBCC (INDIA) LTD.MAR-201290.0010.80106.001144.8061.15660.42-484.38-42.31
HOUSING & URBAN DEVELOPMENT CORP.LTD.MAY-201789.81179.7860.0010787.0444.057919.49-2867.55-26.58
COCHIN SHIPYARD LTD.AUG-201775.0010.20432.004404.31369.653768.64-635.67-14.43
GENERAL INSURANCE CORP.OF INDIAOCT-201785.7875.25912.0068628.00229.6517281.16-51346.84-74.82
NEW INDIA ASSURANCE CO.LTD.,THENOV-201785.4470.40800.0056319.99163.9511542.08-44777.91-79.51
BHARAT DYNAMICS LTD.MAR-201887.7516.08428.006883.49308.654964.00-1919.49-27.89
HINDUSTAN AERONAUTICS LTD.MAR-201889.9730.091215.0036484.02678.3520408.51-16075.51-44.06
MISHRA DHATU NIGAM LTD.MAR-201874.0013.8690.001247.68136.701895.09647.4151.89